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Delek US Holdings (DK) Gets a Hold from Goldman Sachs

Tipranks - Tipranks - Fri Mar 13, 10:10AM CDT

Goldman Sachs analyst maintained a Hold rating on Delek US Holdings yesterday and set a price target of $43.00.

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In addition to Goldman Sachs, Delek US Holdings also received a Hold from TD Cowen’s Jason Gabelman in a report issued on March 5. However, on March 2, Mizuho Securities reiterated a Buy rating on Delek US Holdings (NYSE: DK).

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Based on Delek US Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.43 billion and a net profit of $78.3 million. In comparison, last year the company earned a revenue of $2.37 billion and had a GAAP net loss of $413.8 million

Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DK in relation to earlier this year. Earlier this month, Shlomo Zohar, a Director at DK sold 5,000.00 shares for a total of $207,300.00.

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